What are the fees associated with Bybit trading?

3 answers

• Nov 28, 2021 · 3 years ago
  Sure! When trading on Bybit, you will encounter several types of fees. The first is the trading fee, which is charged when you open or close a position. The trading fee is a percentage of the total position value and varies depending on the trading pair. Additionally, there is a funding fee, which is charged every 8 hours for perpetual contracts. The funding fee is used to balance the contract's price with the underlying asset's price. Bybit also offers a rebate program, where you can earn a portion of the trading fees back as a rebate. The rebate percentage depends on your trading volume. Lastly, Bybit occasionally runs promotions where they offer discounted or waived trading fees for a limited time. Make sure to check their website or social media channels for any ongoing promotions.
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• Nov 28, 2021 · 3 years ago
  Trading on Bybit comes with a few fees that you should be aware of. Firstly, there is a trading fee that is charged when you enter or exit a position. The trading fee is calculated as a percentage of the position value and varies depending on the trading pair. Additionally, there is a funding fee that is charged every 8 hours for perpetual contracts. This fee ensures that the contract's price aligns with the underlying asset's price. Bybit also offers a rebate program where you can earn back a portion of the trading fees you pay. The rebate percentage is based on your trading volume, so the more you trade, the higher the rebate. Lastly, keep an eye out for any promotions or discounts that Bybit may offer from time to time, as they occasionally run special campaigns with reduced or waived trading fees.
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• Nov 28, 2021 · 3 years ago
  When it comes to trading fees on Bybit, there are a few things to consider. Firstly, there is a trading fee that is charged when you open or close a position. The trading fee is a percentage of the total position value and varies depending on the trading pair. Additionally, there is a funding fee that is charged every 8 hours for perpetual contracts. This fee helps maintain the contract's price in line with the underlying asset's price. Bybit also has a rebate program where you can earn back a portion of the trading fees you pay. The rebate percentage is based on your trading volume, so the more you trade, the higher the rebate. It's worth noting that Bybit is known for its competitive fee structure compared to other exchanges. However, it's always a good idea to compare fees across different platforms to ensure you're getting the best deal for your trading needs.
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